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Carteret 07008
34 Patrick Street
$245,000
● House - Off Market

34 Patrick Street

Carteret, NJ 07008
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$278,704
RealtyHop Estimate
46.69%
Since May 1, 2019
NY-New York
Primary Model

About This Property

HIGHEST & BEST ENDS 03/08/2019 - With a little TLC you can make this perfect starter home yours.  Featuring 8 rooms,  formal living and dining, family room, 3 bedrooms, eat-in kitchen, and  1.5 bath.  Kitchen with access to rear deck and park size yard.  Full basement for utilities and extra storage. Close to supermarkets, stores, coffee shops restaurants,  transportation and the NJ Turnpike.   Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (CJMLS #1916781)

Price History

Date / Event Date Event Price
Apr 12, 2019 Sold
Premium
Sold
Feb 23, 2019 Listed by TOM MARCO REAL ESTATE INC $190,000
Listed by TOM MARCO REAL ESTATE INC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,975
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONGVIEW TERRACE SEC 2
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Carteret Borough School District
  • Census Tract: 003700

Zoning

  • Zoning: R50

Geography

  • District: 01
  • Parcel: 01 03202-0000-00010
  • Block: 3202
  • Lot: 10
  • Municipality: CARTERET BORO
  • Latitude: 40.5883
  • Longitude: -74.2341

    Address

  • Full Address: 34 Patrick St
  • Address - House Number: 34
  • Address - Street Name: Patrick
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Carteret
  • Carrier Code: C016
  • 4-Digit Zip Code: 1849
  • Zip Code: 07008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $720,572

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 459,864
  • High Value: 537,131
  • Low Value: 382,598

    Market Valuation

  • Market Total Value: $238,600
  • Market Land Value: $131,000
  • Market Improvement Value: $107,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,600
  • Assessed Land Value: $131,000
  • Assessed Improvements Value: $107,600

    Sales

  • Current Sale Contract Date: Mar 26, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 2019028734
  • Previous Sale Recording Date: Aug 29, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Carteret

Stats & Trends

Median Asking:

$554,950

Sale Price/ft²

$356

Below Asking

0.01%

Average Days on Market

82

Average Home Size

1060 ft²

Average Home Age

-

Currently For Sale

41 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CJMLS

Listed by: THOMAS MARCOTRIGIANO
TOM MARCO REAL ESTATE INC
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 1916781

Frequently Asked Questions

When was property at 34 Patrick Street built and last sold?
The property at 34 Patrick Street was built in 1961 and last sold on Mar 26, 2019 for $245,000.
How much is this home worth?
The estimated value of the home located at 34 Patrick Street is $191,900.
What are some comparable homes to 34 Patrick Street?
There are currently no comparable homes to 34 Patrick Street.
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